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Prediction market platform Kalshi establishes an independent advisory board before the Super Bowl to strengthen trading oversight
ChainCatcher News, according to Cointelegraph, the prediction market platform Kalshi announced the establishment of an independent advisory committee and the formation of partnerships to strengthen platform regulation and prevent insider trading and market manipulation. The initiative was announced three days before the US Super Bowl event, and the platform has already attracted over $168 million in Super Bowl-related bets.
Kalshi stated that the committee will provide quarterly reports to external legal advisors and publish statistics on suspicious activity investigations. Additionally, Kalshi is collaborating with cryptocurrency trading monitoring platform Solidus Labs and Daniel Taylor, Director of Forensic Analysis at Wharton School, to “detect, investigate, and resolve market abuse behaviors.”